{"id":53958,"date":"2022-10-28T07:25:19","date_gmt":"2022-10-28T07:25:19","guid":{"rendered":"https:\/\/www.volkswagen.es\/comunicacion\/?p=53958"},"modified":"2022-10-28T07:28:22","modified_gmt":"2022-10-28T07:28:22","slug":"volkswagen-passenger-cars-stays-on-track-in-difficult-environment","status":"publish","type":"post","link":"https:\/\/www.volkswagen.es\/comunicacion\/volkswagen-passenger-cars-stays-on-track-in-difficult-environment\/","title":{"rendered":"Volkswagen Passenger Cars stays on track in difficult environment"},"content":{"rendered":"

Thomas Sch\u00e4fer, CEO of the Volkswagen Passenger Cars Brand, Member of the Group Board of Management and Head of the Volume Brand Group, said: \u201cThe robust quarterly results show that Volkswagen remains on track despite an extremely challenging environment. We are maintaining the high pace by visibly and tangibly increasing the product substance of our models, speeding up our electric mobility campaign with ten new models through 2026 and significantly simplifying the product portfolio. That is how we are reducing complexity in the company and becoming more efficient overall. We are making every effort to process the order backlog that has reached a historic high as swiftly as we can so that our customers can take delivery of their new VW as soon as possible\u201d.<\/p>\n

The goal is for the brands in the Volume brand group to cooperate even more closely to become even faster, more effective and more cost-efficient. Already this year, the Volume brand group factories have realized savings potential amounting to EUR 220 million. The aim is to increase efficiency for the entire Volume brand group by 20 percent in the synergy sectors in the medium term. The Volume brand group, comprising Volkswagen Passenger Cars, SEAT and CUPRA, \u0160KODA as well as Volkswagen Commercial Vehicles, is under the responsibility of Thomas Sch\u00e4fer in the Group Board of Management.<\/p>\n

Focus on cost efficiency<\/strong>
\nPatrik Andreas Mayer, CFO of the Volkswagen Passenger Cars brand, commented: \u201cIn view of the huge challenges arising from the strained supply situation we must continue with our systematic efforts to reduce costs over the coming months and to raise the quality of our operating result. That is how we will lay the groundwork for Volkswagen to finance the transformation to e-mobility and digitalization from our own resources\u00bb.<\/p>\n

High order backlog continues<\/strong>
\nThe nine-monthly result was bolstered, among other things, by positive developments in delivery figures in the third quarter that showed further stabilization despite the bottlenecks in the supplier industry. At 1.26 million, the number of vehicles delivered between July and September 2022 was 15.3 percent higher than the same prior-year period \u2013 with deliveries in September particularly strong (+19 percent). As a result, the Volkswagen brand delivered 3.3 million vehicles worldwide in the first nine months of the year, of which 207,200 were all-electric ID. models (+23.5 percent).<\/p>\n

The front runners were the ID.43 and the ID.51, with deliveries totaling 122,600 units. In China, 104,700 ID. models (ID.32, ID.4 and ID.64) were delivered in the first nine months, more than double the figure for the same prior-year period.<\/p>\n

The Volkswagen brand\u2019s order backlog remains very high, standing at 700,000 vehicles across all drive types for Europe alone. Volkswagen is working hard on further reducing delivery times for customers and processing the large backlog of orders as quickly as possible.<\/p>\n

Outlook<\/strong>
\nThe Volkswagen brand expects the volatile parts supply situation and mounting pressure from rising raw material and energy costs to continue in the fourth quarter and beyond the end of 2022. CFO Mayer commented: \u201cThe fourth quarter will be especially challenging with regard to global supply chains and parts supplies. That makes it all the more important to safeguard the result for the long term though cost discipline and by optimizing the model mix\u201d.<\/p>\n

\"\"<\/p>\n","protected":false},"excerpt":{"rendered":"At EUR 2.5 billion, operating result before special items for first nine monthsis double figure for same prior-year period Operating return on sales before special items comes in at 4.7 percent Volkswagen CEO Thomas Sch\u00e4fer:","protected":false},"author":13,"featured_media":53961,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"ep_exclude_from_search":false,"footnotes":""},"categories":[279],"tags":[],"class_list":["post-53958","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-corporativo"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.volkswagen.es\/comunicacion\/wp-json\/wp\/v2\/posts\/53958","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.volkswagen.es\/comunicacion\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.volkswagen.es\/comunicacion\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.volkswagen.es\/comunicacion\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/www.volkswagen.es\/comunicacion\/wp-json\/wp\/v2\/comments?post=53958"}],"version-history":[{"count":2,"href":"https:\/\/www.volkswagen.es\/comunicacion\/wp-json\/wp\/v2\/posts\/53958\/revisions"}],"predecessor-version":[{"id":53963,"href":"https:\/\/www.volkswagen.es\/comunicacion\/wp-json\/wp\/v2\/posts\/53958\/revisions\/53963"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.volkswagen.es\/comunicacion\/wp-json\/wp\/v2\/media\/53961"}],"wp:attachment":[{"href":"https:\/\/www.volkswagen.es\/comunicacion\/wp-json\/wp\/v2\/media?parent=53958"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.volkswagen.es\/comunicacion\/wp-json\/wp\/v2\/categories?post=53958"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.volkswagen.es\/comunicacion\/wp-json\/wp\/v2\/tags?post=53958"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}